Ford up $1.6B in Q3 thanks to record profits in North America

Now that the bell has rung to signal the end of Q3 2012, Ford is standing in the ring with both hands in the air like Rocky: The company's overall profit of $1.63 billion for the last three months is nearly equal to its entire 2011 total of $1.94B. Those numbers come thank to the record-breaking pretax operating profit in North America of $2.33B on revenues of $19.5B, the third straight quarter that The Blue Oval has crossed the two-billion mark. Customers are paying more, on average, for Ford vehicles, another contributor to the company maintaining double-digit profit margins on its products. True, there are a couple of bruises.



Autoblog , Ford up $1.6B in Q3 thanks to record profits in North America, Ford up $1.6B in Q3 thanks to record profits in North America